Real Estate Investment Properties for Sale in Tennessee

Looking for investment property in Tennessee with high ROI ?

Explore a variety of short-term homes & houses in Tennessee. Invest wisely with VRBO & Tennessee Airbnb properties available for purchase. Find your ideal investment property among our curated listings for a rewarding real estate venture.

Investment Property for Sale in Tennessee

Q: Which city in Tennessee to invest in for highest ROI on long term rental properties in 2024

In 2024, Hendersonis the best city to buy investment properties. Find more investment properties today!

separator

PROPERTY	DETAILS	SALE PRICE	INVESTMENT PERFORMANCE
8040 Maple Run Lane Knoxville, TN Located on a quiet cul-de-sac near South Northshore Drive, this beautiful colonial feature...	3 beds \| 3 baths \| 2,279 sq.ft.	$499,900	Airbnb cash on cash: N/A Traditional cash on cash: 3.71% Airbnb Rental Income: $null Traditional Rental Income: $2390 Airbnb ROI: N/A Traditional ROI: 3.71%
114 Windsor Dr Sparta, TN Location, Location! This home offers room to grow. Additional room by laundry that could b...	2 beds \| 2 baths \| 1,188 sq.ft.	$219,900	Airbnb cash on cash: 3.46% Traditional cash on cash: 7.37% Airbnb Rental Income: $1629 Traditional Rental Income: $1983 Airbnb ROI: 3.46% Traditional ROI: 7.37%
405 HARPER Atoka, TN Beautiful 4 bed 3.5 bath home complete with inground swimming pool, large covered patio, o...	4 beds \| 4 baths \| N/A	$520,000	Airbnb cash on cash: N/A Traditional cash on cash: 5.13% Airbnb Rental Income: $null Traditional Rental Income: $3337 Airbnb ROI: N/A Traditional ROI: 5.13%
4963 FLAMINGO Memphis, TN Remodeled 3 BR/2 BA home with updated kitchen, granite, cabinets, wine cooler & more. All...	3 beds \| 2 baths \| N/A	$264,900	Airbnb cash on cash: 5.5% Traditional cash on cash: 4.52% Airbnb Rental Income: $2597 Traditional Rental Income: $1730 Airbnb ROI: 5.5% Traditional ROI: 4.52%
185 BRANCH ESTATE Savannah, TN Absolutely beautiful all brick home w/ 4Br, 3.5Ba located in restricted area only 3 miles ...	4 beds \| 4 baths \| N/A	$579,000	Airbnb cash on cash: N/A Traditional cash on cash: 5.08% Airbnb Rental Income: $null Traditional Rental Income: $3589 Airbnb ROI: N/A Traditional ROI: 5.08%
4550 VERNE Memphis, TN 3 BEDS - 2 FULL BATHS - 2 CAR GARAGE!! Seller is Motivated! Newly Renovated and Move-In Re...	3 beds \| 2 baths \| N/A	$224,400	Airbnb cash on cash: 6.55% Traditional cash on cash: 5.74% Airbnb Rental Income: $2597 Traditional Rental Income: $1803 Airbnb ROI: 6.55% Traditional ROI: 5.74%
4892 JAMESTOWN Burlison, TN Priced to sell and ready to move! Welcome home, come in and create your personal dream. ...	4 beds \| 3 baths \| N/A	$295,000	Airbnb cash on cash: N/A Traditional cash on cash: 9.22% Airbnb Rental Income: $null Traditional Rental Income: $3030 Airbnb ROI: N/A Traditional ROI: 9.22%
4520 FLAMINGO Memphis, TN Motivated Seller! This remarkable 4 bed/2 bath landscaped home in Colonial Acres has hit t...	4 beds \| 2 baths \| N/A	$305,000	Airbnb cash on cash: 8.69% Traditional cash on cash: 5.25% Airbnb Rental Income: $4062 Traditional Rental Income: $2210 Airbnb ROI: 8.69% Traditional ROI: 5.25%
3877 GILA Bartlett, TN PRICE DROP! Welcome to Bartlett in style! This home has brand new interior paint, new kitc...	4 beds \| 2 baths \| N/A	$339,000	Airbnb cash on cash: N/A Traditional cash on cash: 4.86% Airbnb Rental Income: $null Traditional Rental Income: $2237 Airbnb ROI: N/A Traditional ROI: 4.86%
12647 Sandburg Lane Knoxville, TN Located in West Knoxville, this beautiful home is warm and inviting from the moment you dr...	4 beds \| 3 baths \| 2,490 sq.ft.	$580,000	Airbnb cash on cash: N/A Traditional cash on cash: 3.07% Airbnb Rental Income: $null Traditional Rental Income: $2507 Airbnb ROI: N/A Traditional ROI: 3.07%
1507 Yuma Ct murfreesboro, TN Beautiful home located in Cul-de-sac. This home is Move In Ready! Hardwood flooring downst...	3 beds \| 3 baths \| 2,167 sq.ft.	$449,900	Airbnb cash on cash: 2.84% Traditional cash on cash: 3.63% Airbnb Rental Income: $2485 Traditional Rental Income: $2217 Airbnb ROI: 2.84% Traditional ROI: 3.63%
1002 S WILLETT Memphis, TN Check out this 3 bedroom, 2 bath Midtown Gem! This completely renovated home is a definite...	3 beds \| 2 baths \| N/A	$259,900	Airbnb cash on cash: 4.44% Traditional cash on cash: 5.29% Airbnb Rental Income: $2020 Traditional Rental Income: $1703 Airbnb ROI: 4.44% Traditional ROI: 5.29%
505 Union Ave #206 Knoxville, TN DON'T miss this rare opportunity to own on the top floor of the Daylight Building on Union...	1 beds \| 1 baths \| 552 sq.ft.	$399,900	Airbnb cash on cash: 0.45% Traditional cash on cash: 0.7% Airbnb Rental Income: $1402 Traditional Rental Income: $1072 Airbnb ROI: 0.45% Traditional ROI: 0.7%
327 W Marine Rd Knoxville, TN Excellent South Knoxville location for someone looking for land and ample garage space. T...	3 beds \| 2 baths \| 2,182 sq.ft.	$355,000	Airbnb cash on cash: 3.12% Traditional cash on cash: 4.93% Airbnb Rental Income: $2077 Traditional Rental Income: $2143 Airbnb ROI: 3.12% Traditional ROI: 4.93%
2442 Woodbine Avenue Knoxville, TN Classic character prevails in this popular Park City Craftsman style home. Spacious porch ...	2 beds \| 1 baths \| 1,132 sq.ft.	$319,900	Airbnb cash on cash: 4.14% Traditional cash on cash: 3.14% Airbnb Rental Income: $2346 Traditional Rental Income: $1464 Airbnb ROI: 4.14% Traditional ROI: 3.14%
1704 Hidden Hills Rd #207 Gatlinburg, TN This beautifully maintained contemporary 1 level unit is updated and move-in- ready. Quiet...	2 beds \| 2 baths \| 2,447 sq.ft.	$549,900	Airbnb cash on cash: -2.81% Traditional cash on cash: 1.66% Airbnb Rental Income: $85 Traditional Rental Income: $2176 Airbnb ROI: -2.81% Traditional ROI: 1.66%
606 Thatta Way Gatlinburg, TN Discover the perfect blend of privacy and location with this spacious 4-bedroom, 5-bathroo...	3 beds \| 5 baths \| 1,635 sq.ft.	$850,000	Airbnb cash on cash: N/A Traditional cash on cash: 1.98% Airbnb Rental Income: $null Traditional Rental Income: $2733 Airbnb ROI: N/A Traditional ROI: 1.98%
415 Matterhorn Drive Gatlinburg, TN AMAZING INVESTMENT OPPORTUNITY!!! This MASSIVE (nearly 5,000 sqft) turn-key custom built c...	3 beds \| 5 baths \| 4,971 sq.ft.	$1,499,000	Airbnb cash on cash: N/A Traditional cash on cash: 1.51% Airbnb Rental Income: $null Traditional Rental Income: $4028 Airbnb ROI: N/A Traditional ROI: 1.51%
942 Street Of Dreams Gatlinburg, TN Spectacular 3 bed, 3 bath TRUE LOG CABIN home in the sought-after Outback Resort, where ru...	3 beds \| 3 baths \| 1,872 sq.ft.	$825,000	Airbnb cash on cash: N/A Traditional cash on cash: 0.98% Airbnb Rental Income: $null Traditional Rental Income: $2108 Airbnb ROI: N/A Traditional ROI: 0.98%
3646 AUTUMN Memphis, TN Nestled on a quiet street in one of Memphisâ hottest neighborhoods, High Point Terrace, ...	3 beds \| 1 baths \| N/A	$299,900	Airbnb cash on cash: 6.64% Traditional cash on cash: 2.6% Airbnb Rental Income: $3320 Traditional Rental Income: $1437 Airbnb ROI: 6.64% Traditional ROI: 2.6%
528 S MCLEAN Memphis, TN A truly rare opportunity to own this Central Gardens gem! With timeless elegance and histo...	4 beds \| 3 baths \| N/A	$409,000	Airbnb cash on cash: 3.75% Traditional cash on cash: 4.91% Airbnb Rental Income: $3308 Traditional Rental Income: $3014 Airbnb ROI: 3.75% Traditional ROI: 4.91%
2954 SOUTHERN #2954 Memphis, TN	2 beds \| 3 baths \| N/A	$250,000	Airbnb cash on cash: 3.23% Traditional cash on cash: 7.33% Airbnb Rental Income: $1898 Traditional Rental Income: $2360 Airbnb ROI: 3.23% Traditional ROI: 7.33%
245 S MENDENHALL Memphis, TN Charming and eclectic 3-bedroom, 2-bath home on South Mendenhall Rd, between Poplar Ave an...	3 beds \| 2 baths \| N/A	$576,500	Airbnb cash on cash: 1.33% Traditional cash on cash: 0.88% Airbnb Rental Income: $2597 Traditional Rental Income: $1736 Airbnb ROI: 1.33% Traditional ROI: 0.88%
5272 BOSWELL Memphis, TN Welcome to 5272 Boswell Rd! This spacious 4BR/ 3BA home in East Memphis has so much to off...	4 beds \| 3 baths \| N/A	$289,900	Airbnb cash on cash: 5.02% Traditional cash on cash: 7.82% Airbnb Rental Income: $2771 Traditional Rental Income: $2885 Airbnb ROI: 5.02% Traditional ROI: 7.82%
4945 MINDEN Memphis, TN OPEN SUNDAY, 11/17, 1-2:30 All the charm your Buyers are looking for can be found in thi...	3 beds \| 2 baths \| N/A	$389,000	Airbnb cash on cash: 2.93% Traditional cash on cash: 2.98% Airbnb Rental Income: $2597 Traditional Rental Income: $1992 Airbnb ROI: 2.93% Traditional ROI: 2.98%
27 N FENWICK Memphis, TN Come check out this two bedroom one bathroom cottage style home in beautiful Chickasaw Gar...	2 beds \| 1 baths \| N/A	$194,900	Airbnb cash on cash: 4.78% Traditional cash on cash: 3.33% Airbnb Rental Income: $1918 Traditional Rental Income: $1140 Airbnb ROI: 4.78% Traditional ROI: 3.33%
101 Charlene Lane Knoxville, TN This All-Brick Basement Ranch home offers a unique blend of space, convenience , and poten...	3 beds \| 2 baths \| 1,202 sq.ft.	$245,000	Airbnb cash on cash: N/A Traditional cash on cash: 5.39% Airbnb Rental Income: $null Traditional Rental Income: $1710 Airbnb ROI: N/A Traditional ROI: 5.39%
530 Brewer St Athens, TN Nestled in the heart of town, this beautiful brick single-level ranch home offers the perf...	3 beds \| 2 baths \| 2,084 sq.ft.	$297,000	Airbnb cash on cash: N/A Traditional cash on cash: 7.23% Airbnb Rental Income: $null Traditional Rental Income: $2509 Airbnb ROI: N/A Traditional ROI: 7.23%
1255 Shuler Road Townsend, TN Come check out this one-of-a-kind property that'll take your breath away in the highly des...	2 beds \| 2 baths \| 1,872 sq.ft.	$3,000,000	Airbnb cash on cash: -0.32% Traditional cash on cash: -0.49% Airbnb Rental Income: $2959 Traditional Rental Income: $1827 Airbnb ROI: -0.32% Traditional ROI: -0.49%
834 Hales Chapel Road Gray, TN Don't miss this beautiful 4 bed 3 bath home in the desirable Shadden Springs neighborhood!...	4 beds \| 3 baths \| 3,450 sq.ft.	$569,900	Airbnb cash on cash: N/A Traditional cash on cash: 2.75% Airbnb Rental Income: $null Traditional Rental Income: $2482 Airbnb ROI: N/A Traditional ROI: 2.75%
6524 Arborcrest Way Knoxville, TN Adorable 2 bedroom 2 bath condo nestled between fountain city and halls. Main level livin...	2 beds \| 2 baths \| 1,000 sq.ft.	$229,000	Airbnb cash on cash: 4.85% Traditional cash on cash: 4.84% Airbnb Rental Income: $2036 Traditional Rental Income: $1507 Airbnb ROI: 4.85% Traditional ROI: 4.84%
7100 Sevierville Pike Knoxville, TN 7100 Sevierville Pike is about to make your mini-farm fantasies a reality! 2.5 acres of pa...	3 beds \| 1 baths \| N/A	$272,000	Airbnb cash on cash: 4.48% Traditional cash on cash: 3.41% Airbnb Rental Income: $2077 Traditional Rental Income: $1266 Airbnb ROI: 4.48% Traditional ROI: 3.41%
620 Lampwick Lane Knoxville, TN Do not miss this beauty; an enchanting 4-bedroom, 2.5-bathroom home nestled in the heart o...	4 beds \| 3 baths \| 2,510 sq.ft.	$475,000	Airbnb cash on cash: N/A Traditional cash on cash: 3.59% Airbnb Rental Income: $null Traditional Rental Income: $2491 Airbnb ROI: N/A Traditional ROI: 3.59%
3208 Quiet Way Knoxville, TN Welcome Home to this Templeton Court Condo! Clean, Bright and Warm... This Move In Ready 2...	2 beds \| 2 baths \| 1,080 sq.ft.	$212,000	Airbnb cash on cash: 5.18% Traditional cash on cash: 4.65% Airbnb Rental Income: $2036 Traditional Rental Income: $1401 Airbnb ROI: 5.18% Traditional ROI: 4.65%
5709 Lyons View Pike #5206 Knoxville, TN Welcome home to a completely remodeled Condo with $80k+ spent by Seller on the remodel. El...	1 beds \| 1 baths \| 612 sq.ft.	$204,900	Airbnb cash on cash: 3.69% Traditional cash on cash: 2.12% Airbnb Rental Income: $1814 Traditional Rental Income: $1018 Airbnb ROI: 3.69% Traditional ROI: 2.12%
1709 Cherokee Road #304 Johnson City, TN Move in ready! Luxury townhouse in prime Johnson City location, minutes away from ETSU, JC...	2 beds \| 3 baths \| 1,989 sq.ft.	$259,900	Airbnb cash on cash: 3.12% Traditional cash on cash: 7.26% Airbnb Rental Income: $1850 Traditional Rental Income: $2368 Airbnb ROI: 3.12% Traditional ROI: 7.26%
701 West Locust Street #30 Johnson City, TN Charming Renovated Condo in the Heart of the Tree Streets Discover the perfect blend of...	2 beds \| 2 baths \| 760 sq.ft.	$189,999	Airbnb cash on cash: 6.01% Traditional cash on cash: 5.55% Airbnb Rental Income: $2119 Traditional Rental Income: $1493 Airbnb ROI: 6.01% Traditional ROI: 5.55%
1434 GARRETT PLACE Gatlinburg, TN Amazing Views from Three Bears Den, nestled in the beautiful mountains overlooking Ober G...	3 beds \| 3 baths \| 1,664 sq.ft.	$599,995	Airbnb cash on cash: N/A Traditional cash on cash: 2.91% Airbnb Rental Income: $null Traditional Rental Income: $2440 Airbnb ROI: N/A Traditional ROI: 2.91%
1200 Colonial Union City, TN Wow! This 4BR, 3BA all on one floor home will blow you away with the open floor plan, huge...	4 beds \| 3 baths \| 5,169 sq.ft.	$395,000	Airbnb cash on cash: N/A Traditional cash on cash: 7.08% Airbnb Rental Income: $null Traditional Rental Income: $3329 Airbnb ROI: N/A Traditional ROI: 7.08%
1449 Forest Union City, TN Stunning Colonial-Style 4-Bedroom, 3-Bath Home in Sherwood Hills. Plantation Shutters and ...	4 beds \| 3 baths \| 3,811 sq.ft.	$415,000	Airbnb cash on cash: N/A Traditional cash on cash: 4.99% Airbnb Rental Income: $null Traditional Rental Income: $2956 Airbnb ROI: N/A Traditional ROI: 4.99%

Real Estate investment in Tennessee

There are 12,984 properties available for sale in the state of Tennessee. Henderson, Memphis and Franklin are the best rental property markets in Tennessee. The average median price of properties for sale in these cities are $553,300 and the average price per square foot is $0. Their average monthly cash on cash return is 5.33%.

Tennessee Real Estate Investing: FAQs for Buyers, Sellers and Investors

There are 12,984 investment properties available for sale in Tennessee.

In 2024, Henderson is the best city to buy investment properties. Find more investment properties today!

In 2024, Henderson (8%) and Memphis (6%) has the highest cash on cash return for long term rentals in Tennessee.

Your search for investment property begins and ends here

Investment Property for Sale in Tennessee

8040 Maple Run Lane

Knoxville, TN

3 beds | 3 baths | 2,279 sq.ft.

$499,900

Airbnb cash on cash: N/A

Traditional cash on cash: 3.71%

Airbnb Rental Income: $null

Traditional Rental Income: $2390

Airbnb ROI: N/A

Traditional ROI: 3.71%

114 Windsor Dr

Sparta, TN

2 beds | 2 baths | 1,188 sq.ft.

$219,900

Airbnb cash on cash: 3.46%

Traditional cash on cash: 7.37%

Airbnb Rental Income: $1629

Traditional Rental Income: $1983

Airbnb ROI: 3.46%

Traditional ROI: 7.37%

405 HARPER

Atoka, TN

4 beds | 4 baths | N/A

$520,000

Airbnb cash on cash: N/A

Traditional cash on cash: 5.13%

Airbnb Rental Income: $null

Traditional Rental Income: $3337

Airbnb ROI: N/A

Traditional ROI: 5.13%

4963 FLAMINGO

Memphis, TN

3 beds | 2 baths | N/A

$264,900

Airbnb cash on cash: 5.5%

Traditional cash on cash: 4.52%

Airbnb Rental Income: $2597

Traditional Rental Income: $1730

Airbnb ROI: 5.5%

Traditional ROI: 4.52%

185 BRANCH ESTATE

Savannah, TN

4 beds | 4 baths | N/A

$579,000

Airbnb cash on cash: N/A

Traditional cash on cash: 5.08%

Airbnb Rental Income: $null

Traditional Rental Income: $3589

Airbnb ROI: N/A

Traditional ROI: 5.08%

4550 VERNE

Memphis, TN

3 beds | 2 baths | N/A

$224,400

Airbnb cash on cash: 6.55%

Traditional cash on cash: 5.74%

Airbnb Rental Income: $2597

Traditional Rental Income: $1803

Airbnb ROI: 6.55%

Traditional ROI: 5.74%

4892 JAMESTOWN

Burlison, TN

4 beds | 3 baths | N/A

$295,000

Airbnb cash on cash: N/A

Traditional cash on cash: 9.22%

Airbnb Rental Income: $null

Traditional Rental Income: $3030

Airbnb ROI: N/A

Traditional ROI: 9.22%

4520 FLAMINGO

Memphis, TN

4 beds | 2 baths | N/A

$305,000

Airbnb cash on cash: 8.69%

Traditional cash on cash: 5.25%

Airbnb Rental Income: $4062

Traditional Rental Income: $2210

Airbnb ROI: 8.69%